Restaurant Brands International (QSR) Operating Leases (2013 - 2026)

Restaurant Brands International (QSR) has 14 years of Operating Leases data on file, last reported at $1.9 billion in Q1 2026.

• Quarterly Operating Leases rose 7.46% year-over-year to $1.9 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.9 billion (up 7.46% YoY) and the FY2025 annual result came in at $1.9 billion, up 7.34% from the prior year.
• Operating Leases improved to $1.9 billion in Q1 2026 per QSR's latest filing, from $1.9 billion in the prior quarter.
• Across five years, Operating Leases topped out at $1.9 billion in Q1 2026 and bottomed at $1.0 billion in Q3 2022.
• The 5-year median for Operating Leases is $1.1 billion (2024), against an average of $1.4 billion.
• The widest annual swing landed in 2023, when Operating Leases declined 5.12%; it then jumped 76.97% in 2024.
• Tracing QSR's Operating Leases over 5 years: stood at $1.0 billion in 2022, then grew by 3.12% to $1.1 billion in 2023, then surged by 67.14% to $1.8 billion in 2024, then increased by 7.34% to $1.9 billion in 2025, then rose by 0.84% to $1.9 billion in 2026.
• Per Business Quant, the three latest QSR Operating Leases figures stand at $1.9 billion (Q1 2026), $1.9 billion (Q4 2025), and $1.8 billion (Q3 2025).

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